World News: The Daily Money: Warren Buffett says these retirees face 'bleak future'

ALL THE MONEY NEWS YOU NEED TO KNOW

Monday, March 1

Good Monday to you, Daily Money subscribers. It's Nathan Bomey hoping desperately that this March is better than last March. On to our ...

INSIGHT OF THE DAY: Fixed-income investments have been struggling, and now the bond market is getting torched. None other than the "Oracle of Omaha," Warren Buffett himself, says retirees who are betting their livelihoods on fixed-income investments "face a bleak future." The takeaway? You might not be able to avoid taking some risk by investing in stocks if you want to maintain a comfortable retirement.

On to the rest of the news ...

1. Should local pharmacies get more vaccines? Independent pharmacies say that large chains like CVS and Walgreens are getting a disproportionate amount of COVID vaccines. Check out my in-depth story.

2. Remember when Volkswagen sold a microbus? It was decades ago, but it's coming back. The long-awaited revival of the VW microbus will happen in 2022 as the Volkswagen ID. Buzz electric van.

3. Are you paying someone to manage your retirement fund? Check out this story for insight on whether that's a good idea.

4. In the market for a new TV? Don't get fooled by these five myths.

5. Want your Starbucks drink with oat milk? Now the non-dairy alternative is a permanent option.

More below!

--Nathan Bomey, Money reporter